Unlocking the Growth Potential of NASDAQ:FUTU.

In this article we will dive into FUTU HOLDINGS LTD-ADR (NASDAQ:FUTU) as a possible candidate for growth investing. Investors should always do their own research, but we noticed FUTU HOLDINGS LTD-ADR showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Why NASDAQ:FUTU may be interesting for canslim investors.

• The EPS of FUTU HOLDINGS LTD-ADR has exhibited growth from one quarter to another (Q2Q), with a 77.76% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
• The q2q revenue growth of 42.26% of FUTU HOLDINGS LTD-ADR highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• FUTU HOLDINGS LTD-ADR has experienced 151.0% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• FUTU HOLDINGS LTD-ADR exhibits a strong Return on Equity (ROE) of 17.95%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• FUTU HOLDINGS LTD-ADR has exhibited strong Relative Strength(RS) in recent periods, with a current 96.52 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. FUTU HOLDINGS LTD-ADR shows promising potential for continued price momentum.
• With a current Debt-to-Equity ratio at 0.2, FUTU HOLDINGS LTD-ADR showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• FUTU HOLDINGS LTD-ADR demonstrates a balanced ownership structure, with institutional shareholders at 22.9%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

What is the technical picture of NASDAQ:FUTU telling us.

ChartMill assigns a Technical Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple technical indicators and properties.

We assign a technical rating of 9 out of 10 to FUTU. Both in the recent history as in the last year, FUTU has proven to be a steady performer, scoring decent points in every aspect analyzed.

• The long and short term trends are both positive. This is looking good!
• When comparing the yearly performance of all stocks, we notice that FUTU is one of the better performing stocks in the market, outperforming 96% of all stocks.
• FUTU is one of the better performing stocks in the Capital Markets industry, it outperforms 99% of 206 stocks in the same industry.
• FUTU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FUTU is lagging the market slightly.
• In the last month FUTU has a been trading in the 52.15 - 66.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Our latest full technical report of FUTU contains the most current technical analsysis.

Fundamental Analysis Observations

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

Taking everything into account, FUTU scores 6 out of 10 in our fundamental rating. FUTU was compared to 206 industry peers in the Capital Markets industry. FUTU scores excellent on profitability, but there are concerns on its financial health. FUTU is not priced too expensively while it is growing strongly. Keep and eye on this one!

For an up to date full fundamental analysis you can check the fundamental report of FUTU

More growth stocks can be found in our CANSLIM screen.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.